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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
Southern to Acquire 299-MW Wind Project in Oklahoma
LCG, April 1, 2015-Southern Company subsidiary Southern Power announced yesterday an agreement to acquire its largest renewable electric generating facility and first wind project - the 299-MW Kay Wind facility in Oklahoma - from Apex Clean Energy. The acquisition is scheduled to close late this year following the successful completion of the project, which is located north of Oklahoma City. The acquisition is part of Southern Power's business strategy of growing the wholesale business in targeted markets through both acquiring generating assets and building new units, the output of which is significantly covered by long-term contracts.
The power and associated renewable energy credits (RECs) produced by the wind farm will be sold under 20-year power purchase agreements (PPAs) with Westar Energy, Inc. in Kansas and Grand River Dam Authority (GRDA) in Oklahoma. Westar has contracted for approximately 199 MW and GRDA has contracted for approximately 100 MW. Both companies will have the option to either retain or sell the RECs.
Southern Company's Chairman, President and CEO stated, "Southern Company first earned a reputation as a national leader in renewables through Southern Power's investments in utility-scale solar. Through the acquisition of the Kay Wind project - the Southern Company system's first wind facility and largest renewable energy project to date - we are further diversifying our generation portfolio by expanding to a region with abundant wind resources."
The Kay Wind project will be operated and maintained by Apex Clean Energy and is expected to achieve commercial operation in the fourth quarter of 2015. Siemens will provide 130 wind turbines for the project, including equipment, support for the installation and long-term service for the SWT-2.3-108 wind turbines. Blattner Energy, Inc. will serve as the engineering, procurement and construction (EPC) contractor.
With the addition of the Kay Wind project, Southern Power will own more than 970 MW of renewable energy generating capacity that is either already in operation or under development.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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